Businesses that wish to have ties with China now think twice, having to balance market access on one hand and popular blowback on the other.
South China Sea
Beijing’s decision to intensify a ‘continental front’ with India is also significant for what it says about Beijing’s geostrategic orientation. Taiwan unquestionably remains as Beijing’s paramount political and military objective. But the western Pacific more broadly does not have automatic first call on Beijing’s strategic attention.